Skip to main content

About your Search

20130113
20130121
STATION
FBC 40
LANGUAGE
English 40
Search Results 0 to 39 of about 40 (some duplicates have been removed)
's at the top of the hour, you do not want to miss it. now to taxes and what we're calling many state by state tax revolt. five states are looking to eliminate state income taxes for people and corporations, they are louisiana, kansas, north carolina, oklahoma, and nebraska. if you wouldn't know it, the governor of nebraska, david henman is here and he's going to explain. thanks for joining us this morning. all of a sudden, did these states have the same epiphany or the same realization that there's only way to get the local economies going and that would be to change their taxes? >> well, i would tell you, charles, we have all looked at the economy that we're competing in, which is worldwide, and we know we need to be more tax competitive. i want to create more jobs in this state, our state, for citizens and higher paying jobs and the way to do that is to have lower income tax rates and corporate rates and in our particular case, i'm proposing the complete elimination of the income tax and the corporate tax rate. we do that by repealing some of the sales tax exemptions that we've granted over
's our fault. is a carbon tax coming? yeah, art laffer on that, too, apple may be below 500 bucks a share, we'll tell you. we've got it all. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. >> we're coming right up on the opening bell. this monday morning, we're expecting stocks to go down just a little in the opening. a very small amount, and the well has stopped ringing and that means we're open for business. what's the opening t
case or hurt his cause? we will get reaction. dagen: and intimate the state income tax. one governor laid out his case, and wayne rogers likes the idea. top of the hour, nicole petallides is covering it for you o on the floor of the new yk stock exchange. nicole: the market is likely to the downside. the trend has been the major market averages are not too far off the unchanged line. see the dog over the unchanged line 50 times in one day is not unusual to see that, however the trend had been to the upside looking like nine trading weeks we have seen the s&p 500 now hovering around the five year highs. dow jones industrials as well and the nasdaq composite as well. intel weighing on the major averages, you can see down 6.25%. if you took out intel out of the dow, the dow would be flat right now. they came up with profits that were disappointing, weak outlook. not good news for intel weighing on the major averages, but technology in general. back to you. dagen: forget about washington. our next guest says stop talking about it, investors should be focused on making money in the econom
in the united states doesn't have a lot of influence on the economy, but the tax hike on the working men and women, 120 million people, that 2% payroll tax is a killer, and that is all consumption of some. people spend the mone money thet have it, they reach into savings. that was a mistake, it was bad policy. i took growth down in the u.s. by half a point. lori: and you are telling us the economy has all the potential to break out. how much o ahead when will this fiscal policy have? is there any way to recoup it? any offsetting factor? >> unless washington changes its behavior. which is not likely. then the answer is no. we have this gradual recovery. it looks all right over time, has good pieces to it, energy, housing, the banking sector actually may be getting better. lori: must be a mistake on our washington leaders, what if they can achieve a grand bargain, get entitlement reform and we can sustain this debt to gdp level for the time being we can get to underlining measures. >> it would be a glorious outcome. lori: are you optimistic at all it will happen? >> i would like it to happ
the election, campaign, democrats talked about taxing the rich, make the rich pay more, they played that game of class warfare, no people are finding without, that is not -- only going to take care of a small sliver of it, now, they are using terms like revenue, they don't top tell the little -- don't want to tell the little by they will be raising taxes. lou: is that true. >> actually, when it comes to debt sealing it is a nonnegotiate item. >> so step lated, this is -- stipulated, this is crazy, what is hoyer talking about in. >> i can't peak to that issue. lou: come on, there has never been an issue youk could not talk about. >> we have to focus on entitlement reform. lou: you are not? robert thank you, and sherri, and curtis thank you. we appreciate it that is it for us, tonight we appreciate you being with us, hope you will join us, here tomorrow, it will be outstanding, i guarantee it, good night from new york. neil: sun of a -- we dodge the cliff, and the agency refuses to cut us a break, i am neil cavuto, i hate to say i told you so, fitch investors say that we're ripe for a
to eliminate all state, personal, and corporate income tax does. the plan is to make louisiana more business friendly. no better way than to drop taxes it could be in response to the neighbor taxes which has had no income tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second highest level in history and the highest in 11 years. emerging-market equity funds saw the biggest inflow reheat to cover teeseven and a half billion. ceo of edelman financial services joins me now. when regular investors finally get interested in equity says it mean it is almost over? >> ordinarily i would agree it to my yes, it does, but not this time. you know why? it has been five ye
-wage immigrants and three, make immigrants seeking legal status pay fines and back taxes. can you support any of that? >> oh, all of that is well worth looking at very carefully, and that is exactly what we will do. republicans in the house are very enthused about doing immigration reform this year as well. how much we can do will depend upon how much we can find in common with our friends over in the senate and with the white house and our colleagues here in the house. gerri: congressman, what i ask you was to mckinney's support those three specific ideas? >> those threes the severe ideas are all things that if done correctly we can find a way to support some of them. obviously the one that are the most difficult is somewhat of is illegally in the u.s. yesterday, we have to find some way to do this. every talking about a renewed bout of the status -- shadows of having illegal status i think there's a lot to discuss. as the giver talking about athleticism chip the american people are going to want to know i'm not -- a lot more about how we're right to prevent this type of illegal immigration
off that narrow band of industry forever. because of high taxes, regulation, and healthy lawsuits, government spending people are leaving. john: great davis in the '90s said we have all of this cash from the.com boom. >> he spent that cash on public sector pension promises and general spending to everybody even austerity spending has gone up. john: beyond population growth. global warning -- warming measure. >> high-speed rail that nobody wants. john: even "the terminator" the republican and i thought here is a politician quoting milton friedman. what happened? >> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money is invested? >> now with about the init
of industry forever. because of high taxes, regulation, and healthy lawsuits, government spending people are leaving. john: great davis in the '90s said we have all of this cash from the.com boom. >> he spent that cash on public sector pension promises and general spending to everybody even austerity spending has gone up. john: beyond population growth. global warning -- warming measure. >> high-speed rail that nobody wants. john: even "the terminator" the republican and i thought here is a politician quoting milton friedman. what happened? >> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pusng this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money is invested? >> now with about the initiative another large tax incre
their fair share of taxes, but-- watching the drama with our economy in the middle and debating because the policy, is that your money don't miss cavuto tonight at 8. >> at 8:30 eastern time, a lot of numbers from the government. and mostly they do not affect the market and that's the case in point today. the consumer price index, no change in the month of december. over the past year, the consumer price index has gone up 1.7%, you can safely say no real inflation measured by the government at the consumer level. no impact on the market either. all right, the trading has started and the dow industrials% the opening trend is mixed. you can't say there's an opening trend one way or the other, but bear in mind the dow is at 13,500. that's a pretty high level. that will be 700 points away from the all-time high for the dow. first off though, let's check boeing. a the lot of you probably own the stock, maybe in a mutual fund, so, nicole, with all the problems for the dreamliner overnight, where-- look at that. >> look at that, it's down dramatically, almost 4 1/2%, now you're talking about
, calling for new revenues and 30% believe tax hikes are needed now and support for the president's position there ended. stuart: excellent, well, not excellent, but thanks for the informati information. [laughter] >> thanks for the information, scott rasmussen, good stuff. time for the gold report, where are we this morning? the dow is down 30. we see gold up 9 bucks, 1679 is where we are for gold. lance armstrong comes clean and he says he wants to compete again and he might rat out others to do it? whoa. sandra smith, brian, they're here, will they forgive, forget, and give him a second chance? i would not, but would they? that's next. ♪ at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ if it makes you happy, it can't be that bad ♪ >> and that's-- well, lance armstrong admit today what many people speculated for many years, he lied and cheated. the seven time tour de france winner, stripped
as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w bush. rich said that republicans have reasons for not having this meeting today. the president is standing back and think i am not negotiating on this and the republicans are all over the map. >> i do not think that this is a big deal. i do not see that as a big issue. what is coming out of this weekend retreat is far more important. connell: i would like to be a fly on the wall for that. >> also what is important is to remember how we got here. he has run trillion dollar deficits for the past four years of his administration. you have to pass a budget in the united states senate. he will be doing his sort of constitution getting a budget up to the congress. this is a challenge. we have to have a clear look at how we can reduce spending in this country. connell: whenever the limit is actually reached and it is not raised. then you start to play the political blame game. pay some bills and not others. though
bathrooms and two weeks from today you will be able to start filing your tax returns. but what happens if the irs doesn't like what you have to say? we have steps to follow coming up next. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. men, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red blood cell count, headache, diarrhea, vomiting, and increase in psa. see yo
and but budget cuts and tax hikes that have already been put in place. are these guys making more sense than usual? >> i think the resolution of the fiscal cliff us a little bit further toward debt sustainability. going back to 2011, we needed about $4 trillion over a ten-year period 10 year period of time. we are about halfway there with the agreements that have been put in place so far. the question is are we going to go further or not. >> to these guys scare you? >> they make me uncomfortable. the economy needs certainty and 30 end fiscal policy and it seems like we are still hearing a lot of noise if we are watching lot of nothing as usual in washington dc. i'm also hearing a lot of nothing from the businesses here, to be very candid about it. we are hearing a lot of whining and moaning and excitement from the business sector about innovation and new markets and new strategies. but there is a lot of potential besides cost cutting, port. >> the earnings in the corporate sector very high right now. we are seeing earnings decelerates him, and that is likely going to be continued if we don't
not want to do it. he actually does want to negotiate on spending and tax reform. what he does not want to do is have that take place when the republican position on the debt takes the economy hostage. that is off the table. i think the president is smart to be firm and clear on that. next time it would be democrats if we had a republican president. ashley: would you agree, i know it is out of your area, but the senate has not passed a budget in four years now. would you agree with republicans that it is not the way to go and i could, in fact, be breaking the law without i do agree with them. we actually have not passed the budget. i am with them on this concern about our inability to actually do the basic work that a legislature must do. ashley: i know bernanke, timothy geithner, rating agencies and many more states what is the point of a debt ceiling? we routinely raise it anyway. what is the purpose? >> there is no purpose. the debt ceiling has become a device for fiscal irresponsibility. republicans and democrats both dated. senator obama voted against the debt ceiling increase. if
the republicans stand for, small government, low taxes, growth. there are other conservative voices calling for a broader base, rain in the right and make a direct appeal to women and minorities, retreat on social issues like gay marriage, abortion, legalize marijuana, they want compromise, at reach, inclusion and a smaller voice on contentious issues. personally i think conservatives should change the tone. enter over the election turns people off. name-calling is a loser. smile, persuade. a party of growth and optimism will surely have its place in the sun. all right, we're going to talk more about the direction of the gop in a moment but we have this breaking news. the federal reserve has released a load of documents from several closed-door meetings that it had in 2007 as the financial crisis was just getting rolling. among the in relation being released, the minutes from three emergency sessions that the fed at a time when the economy was i'm going to say, adding. there could be some dramatic exchanges, how often insiders says there had to be embarrassing stuff in there. if there wasn'
more. you do not want to miss lou dobbs coming up with his take of the situation as well. lori: one tax stock or company helping you file your tax returns is hitting a 52-week high. is there more upside the head? melissa: and retirement age racing. they plan to increase the retirement age to 70. a look at metals as we head out to break. gold trading higher by half a percentage point. copper leading the way from a percentage point of view. we will be right back. melissa: as with every 15 minutes, let's check the market. nicole is watching. nicole: i am, indeed. this is a name that has headlines and number one performer in the s&p 500 today. stellar performance, up 9.5%. there is quite a bit going on with cbs. they're turning their north and south american outdoor advertising divisions, putting some billboard divisions up for sale. one analyst says a split could unload asset values between 5,000,000,006,000,000,000. here is a one-year chart that shows you how well they set up for the one-year period the tenure charge shows how we went through the crisis. recouped all those losses and stil
share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. lou: the white house responded by calling the nra cowardly. press secretary offering one of those obama rules as they like to call the say most americans agree that a president's children should not be used as pawns in a political fight. but to go so far as to make the safety of the president's children the subject of an attack and is repugnant and cowardly. well, obama rule number one. bad form to point out the president's children are protected by armed guards and appropriately so, but okay for the presidents to use other people's schoolchildren as props in his news conference in which he advocates a rollback of second amendment rights. our first guest says the president is using the tragedy to bolster an anti-gun agenda and that that is an affront to the second amendment. joining us tonight, the attorney general of the great state of texas. good to have you with this. let me first give your reaction, if i may, to the president's executive orders and as they are called, memoranda to dea
does not stop taking taxes out of your check. even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when obligations to spreadtorcreditors or investorst paid. that is their mortgage emergencies, that upsetting the other stuff, defaulting it is not, that is why some republicans are paying so tough, raise but only if you match in equal spending cut, president said that is crazy, tea party activist thinks that going through this shar charade is cr, what do you think? >> i am so glad that you are pointing this out, i think it is so irresponsible -- i know that very few others in the media are going to point this out. this is a perpetual problem, it is a l
financing. they are doing a great job. they did not raise taxes. in addition, we have a very business friendly atmosphere. if you come to texas, we will not pull the rug out from under your feet. connell: businesses, sometimes individuals, sometimes larger businesses are leaving state than going to others mostly because of taxes. how much of that juicy and texas in texas and what industries is a really predominate. >> we do not have an income tax. that is a powerful magnet. they do not expect us to go ahead and spend beyond our means. they, in because of the business atmosphere and because we like visitors. a friendly place. the idea of getting to the numbers that you talked about during the first part of the interview and getting through the projections that this particular group put out that this $9 billion gap, specifically, how do you get there sure mark where did the cuts come from? >> i do not know where that number came. there will be a supplemental appropriations bill which we filed in a few weeks. they will fill some of the medicaid that we do not have. it is available in the
doubt bringing forth the preponderance of what bile and venomous language and a tax. what is the point of all? >> look. plenty of denigration on both sides to mend a disagree with all of it. you can disagree without tearing somebody down and he had every right to say what he said on sunday. that is his opinion. he speaks from personal experience. lou: no one is attacking him. wait a minute. nobody here is suggesting he does not have a right to do it. no one is suggesting -- i mean. [talking over each other] >> he is -- he used the preference of things that he witnessed during his campaign. we'll did. >> shucking and jiving, those are racist comments? -- lou: to buy applied to to read these words to iraq i mean, the president himself has described himself, as you know, as lazy. is this a word that somehow is one that i cannot use? and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats sa
taxes at the end of the year. what did people do? they sold stock in december. they rolled forward bonus income. about 100 billion of income was taken in december. that money is being reinvested of the a lot of that money has been going into the market. we've seen 22 billion go into u.s. equity mutual fund and etfs. the most in a while. there is even a positive influence to u.s. equity mutual funds, if it lasts through the month, that would be the first inflow since february of 11. liz: that is good. >> yes, there are some positive things. extra money going into the economy has helped. people feel good about it but there is a problem lying in the weeds or woods, whatever, and that is if the income was taken last year, that means income this quarter is going to be down year-over-year you even get to the higher tax rates that are kicking in now. so we're going to have a problem in terms of comparisons both year-over-year and sequentially going forward here. income growth, take-home pay for people, unless there is a phenomenal pickup somewhere in the economy and certainly not real estate un
and belgian. so knock off the comparisons. i hate the tax. a crime culture. as for the mass killings in public places, that is a mental on this problem. lou: it is young, mentally ill, white men. >> not always. lou: i did not say always. 98 percent of the time. >> not really. lou: escobar really. >> up till you what happens. it is not. lou: who was at all right? was cut down the list. >> let me explain why your list will be off. the ones that attract the attention tend to be the white males. six months ago, nev. shot of the wendy's or and i hop, shot up a bunch of naval officers or army. why does that make no news? lou: 60%. >> basically it looks like america. it looks like america with our immigration problem. the lawyer alan drill road. immigrant. the one on talking about after arizona and nevada. when not immediately going to go on welfare. lou: the last four mass shootings and the country, and i will even exceed -- >> i think it's the last two. this panic is more recent than arizona's . lou: four of the last five were young men who were mentally disturbed. by the way, whose parents, family
. it was pretty straightforward. tax increasing and spending. business people would get this deal done in an afternoon. this is what we do. >> maybe that's why ruth should go to washington. >> do you think bowles simpson is dead? will it ever come back? >> it's provided the energy of a we need bipartisan and both ingredients to make it work and we need sense of urgency because it's really important. that to me what bowles simpson was all about. >> now to wall street. are you telling investors just accept, this is it, what we have today? >> well, investors i think appropriately should be looking at risk adjusted returns. so -- >> sounds like a yes? >> no, the era of very high but very risk driven returns is over. okay? so what investors -- capital is doubled. leverage has been cut by two thirds. those are facts. now, the question is, but the quality of the returns you're now getting, i would argue is more stable, more predictable and more secure. >> right. and the compensation is lower. i thought it was pretty shocking what you guys did this week is that you basically said deferred cash
for your friend, maybe you are wanting to tax them. you cannot take it one step further and you can actually call them. facebook is trying to keep its site more sticky. we had graph search on earlier this week. this voice over ip addition will keep people from using other competitive products. no hardware, a software facebook phone. there you have it. connell: we will see if it works. thank you, shibani. dagen: we have some very critical news to bring you. a tent situation in algeria americans are among those being held. a drone is being used to monitor the situation. connell: we have mike baker with us now. what is your take? >> it is conflicting news. there is very little coverage. this is a remote region. this is a part of algeria that is kind of a waste land. this is all that nothing happens in a bubble in this region. the algerian army has been fighting extremists for years and years and years. it was an incredibly dangerous place to be. the armed islamic group was out there fighting the army and you lost hundreds of thousands of lives. what that means is, in a way, not to over
Search Results 0 to 39 of about 40 (some duplicates have been removed)